Mo. Rev. Stat. § 400.4A-501
Variation by agreement and effect of funds — transfer system rule
Missouri · Revised Statutes of Missouri Chapter 400 — Uniform Commercial Code · Status: effective · Effective 1992-08-28
Cite this
- Citation
- Mo. Rev. Stat. § 400.4A-501, Variation by agreement and effect of funds — transfer system rule, Missouri, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1815100
- Permanent ID
ys:prov:1815100@1- SHA-256
bb6f5531c6ee3d2b602d59fdbe61643d122f1a7c5209c3513beeb9b0a7e6f2dd
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Except as otherwise provided in this Article, the rights and obligations of a party to a funds transfer may be varied by agreement of the affected party.
(b) "Funds-transfer system rule" means a rule of an association of banks (i) governing transmission of payment orders by means of a funds-transfer system of the association or rights and obligations with respect to those orders, or (ii) to the extent the rule governs rights and obligations between banks that are parties to a funds transfer in which a Federal Reserve Bank, acting as an intermediary bank, sends a payment order to the beneficiary's bank. Except as otherwise provided in this Article, a funds-transfer system rule governing rights and obligations between participating banks using the system may be effective even if the rule conflicts with this Article and indirectly affects another party to the funds transfer who does not consent to the rule. A funds-transfer system rule may also govern rights and obligations of parties other than participating banks using the system to the extent stated in section 400.4A-404(c), section 400.4A-405(d), and section 400.4A-507(c).